March 8 Results: A Progressive Day — With One Disappointment

March 8, 2026 was a good day for liberal-progressive Switzerland, as 3 out of 4 votes went our way:

TL;DR — The scorecard:

VoteOur recNational resultSwiss abroadAlignment
Cash initiativeNORejected 54%Rejected ~54%
Cash counter-proposalYESAccepted 73%Accepted ~75%
SBC licence fee cutNORejected 62%Rejected ~68%
Climate FundYESRejected 71%Rejected ~58%
Individual taxationYESAccepted 54%Accepted 68%+


Swiss abroad figures from swissinfo.ch, based on 12 cantons providing diaspora breakdowns.


Individual taxation: 42 years overdue, finally done

By 54% nationally and 68% among Swiss abroad, voters ended the “marriage penalty” that the Federal Court had declared unconstitutional in 1984. The reform removes a structural disincentive to work for second earners, overwhelmingly women. Swiss abroad were less susceptible to campaign fears about its concrete tax consequences, partly because most already live under individual taxation in their host countries.

One loose end: a competing Centre Party initiative targeting the marriage penalty through adjusted rates rather than individual filing remains pending.

The SBC licence fee: won, not settled

62% of voters rejected the SVP-backed proposal to cut SRG SSR’s annual household licence fee from CHF 335 to CHF 200. Swiss abroad were firmer still: nearly 70% of expatriates voted no. As political scientist Martina Mousson noted, Swiss abroad are particularly attached to the SBC as their primary free source of news about Switzerland. The fee will nonetheless fall: a prior government decision already reduces it to CHF 300 per household by 2029. And the Swiss Trade Association’s director indicated further action to abolish company fees remains on the agenda.

Cash: a tidy result

The original “Cash is Freedom” initiative, from a group better known for opposing vaccines and 5G, was rejected by 54% of voters. The government’s counter-proposal passed with 73% support. Cash is now constitutionally protected, without the ideological baggage of the original text. The diaspora voted almost identically to the national electorate on both questions.

The climate fund: a defeat

We recommended YES. 71% of voters said no; the initiative failed in all 26 cantons, including urban ones. Swiss abroad were more sympathetic — over 42% of the diaspora backed the fund.

The Greens’ argument that voters rejected the instrument rather than the goal is partially defensible, but it papers over a strategic failure. Hardwiring a spending floor of CHF 4 to 8 billion per year into the constitution, with no specified revenue source, handed opponents a winning reframe: not “are you worried about climate?” but “do you support open-ended state spending?” This was also the third climate-related proposal rejected since 2025. A narrower proposal, with an identified funding source, will be necessary before voters can be brought along.

To sum up, on the issues that mattered most to Swiss abroad, we were heard!

Our next vote analysis will be published ahead of the June 2026 ballot. Subscribe to our newsletter to receive it directly.